Employee Benefit News

JANUARY 15, 2025

Cash flow, tax bracket and timing of distributions will determine whether pretax or post-tax treatment of retirement savings makes more sense.

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Patriot Software

OCTOBER 17, 2022

Two common retirement plans for employees are individual retirement arrangement/account (IRA) plans and 401(k) plans. Maybe you are considering establishing a Roth, or post-tax contribution, retirement plan. What is the difference between Roth IRA […] READ MORE.

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HR Digest

MARCH 28, 2023

In recent years, some employers have started to offer a Roth 401(k) option, which allows employees to contribute after-tax dollars to their accounts. The advantage of a Roth 401(k) is that withdrawals in retirement are tax-free, as long as certain conditions are met.

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HR Digest

JULY 9, 2022

You can open a Roth IRA with any financial institution, including bank accounts, investment brokerages, and mutual funds. What is a 401(k) plan? A Roth 401(k) is an account in which contributions are taken directly from the paychecks of employees. It was established by the Taxpayer Relief Act of 1997.

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Business Management Daily

JANUARY 5, 2023

Accounts must be set up as Roth after-tax accounts. Once the cap is reached, additional contributions can be directed into employees’ Roth 401(k) accounts (if they have one) or stopped until the balance falls below the cap. Roth 401(k) provisions. Roth 401(k)s, however, aren’t quite as generous.

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HR Professionals Magazine

SEPTEMBER 2, 2021

You may be surprised, or not, to hear that some plans don’t even offer the Roth option. The key between a Traditional or Roth 401(k) boils down to when the participant will pay taxes. A good rule of thumb is the younger you are, the more beneficial a Roth 401(k) can be.

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Genesis HR Solutions

SEPTEMBER 22, 2020

There is risk involved in sponsoring a 401(k) Plan— we discuss this in detail in this article. There are several other types of retirement plans to consider, including Simple IRA, Roth 401(k), and more. Additional Benefits To Consider. Employee Assistance Program (EAP).

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